Family finance, and how children learn to handle money.
12
votes
3answers
273 views
Mother in law making us feel guilty about money
We have a mother in law who always makes uncomfortable comments about things we've purchased, such as our TV. We're a single income family with two children living in an apartment.
These comments ...
26
votes
10answers
2k views
At what age should you start giving your children pocket money?
I think pocket money is a great method of educating your children in financing, but at what age should you start and under which condition?
19
votes
8answers
3k views
Should adults pay rent if they live in their parents' home?
If your grownup children still live at home, should they share cost of living in the common household?
7
votes
3answers
219 views
How to kick a twelve year old's shopping “addiction”?
My family has never had much money, so I'm quite concerned about my sister's shopping habits. I assumed it was quite average behavior for a young girl to plead for money for the school book fair, the ...
20
votes
13answers
2k views
Are modern cloth diapers really cost efficient compared to disposible diapers?
Are modern cloth diapers such as gDiapers or bumGenius really cost efficient compared to disposible diapers? It seems the diapers themselves are quite expensive and then you have to include the cost ...
11
votes
6answers
346 views
How should I respond to a child asking to have as much spending money as her friends do?
When a child has some close friends at school, but some of them come from relatively richer families, so they get maybe twice my child's pocket money, how should I answer when he complains and asks to ...
3
votes
2answers
243 views
Are second-hand shoes safe to wear?
Are hand-me-down and second-hand shoes safe to wear? For adults — and especially for children. Kids' feet are always growing.
When the proper precautions are taken, are second-hand shoes safe? ...
2
votes
2answers
132 views
What age should I encourage my kids to start working and earn his/her money?
At what age should I encourage my kids to go out and find a job (be it part-time or full-time) and start to earn some money and have a taste of what working life is like?
12
votes
9answers
828 views
What are the basic items we should buy to receive our new baby?
We've being looking online for a to buy list of basic items we should buy before having a baby. We are planning to move so we want to buy just the basic needs.
4
votes
7answers
254 views
How can I get my kids to spend wisely?
I have been giving my kids monthly allowance to buy their food (lunch) and other school materials.
However, recently, I noticed they are spending their allowance on those "gundam cards"
So, how do ...
7
votes
4answers
2k views
Is it better to get an infant car seat or a convertible?
Is it better to get an infant car seat or a seat that converts from one stage to the next? Is there any benefit to the infant car seat that justifies paying for an infant car seat and a toddler car ...
11
votes
4answers
345 views
What are the biggest expenses for a new baby?
My wife is expecting, and as we plan, I want to know if there is anything that people were surprised by how expensive it is, or didn't realize they would need to pay for?
11
votes
6answers
782 views
Can we afford to have a baby?
I'm not a parent (yet!), but the wife and I are seriously thinking about starting a family. We both really want kids, but I'm just worried about the financial strain a baby could have on us.
Am I ...
5
votes
2answers
126 views
What are important legal and financial steps for new parents?
What are the most important legal and financial steps for new parents in the US? For example, establishing a will, purchasing life insurance, setting up a college fund, etc...
2
votes
0answers
67 views
Money for good grades? [duplicate]
Possible Duplicate:
Is bribing children with cash incentives a good idea?
Is it appropriate?
Good, because action-result chain is clear? To get something, you should work; your work now ...
46
votes
15answers
1k views
Is bribing children with cash incentives a good idea?
I pay my 5.5yo $1 if she sleeps in her own bed and take $1 in rent when she sleeps in our bed.
I've also taken to offering her $1 to pick up her 2.5 year old brother's Lego messes.
Good or bad? ...
10
votes
3answers
222 views
What factors should you consider when deciding how much to pay a babysitter?
What factors do you consider when deciding how much to pay a babysitter per hour? The time of day, meals, duration, travel, etc?
17
votes
8answers
497 views
How do we teach a pre-schooler about money and shopping?
When I go to a store with my four year old son he wants to buy a lot of stuff he sees. Also he constantly claims that he needs a new toy. How do I explain to him that we can't buy everything we want?
8
votes
3answers
271 views
How can I teach my kids to be less egocentric?
My older kids (9 and 12) can be very me-centric. For instance, we recently won a small amount of money from a contest, my now 12 year old immediately suggested that we spend the extra money on his ...
